AS SO MANY ARTICLES HAVE STATED, WE ARE IN THE MIDST OF ANOTHER DOWNTURN IN SOUTH FLORIDA'S BOOM AND BUST REAL ESTATE MARKET.
THE MOST RECENT ARTICLE IN THE DAILY BUSINESS REVIEW MENTIONED THAT THIS IS THE 4TH MARKET DOWNTURN IN 26 YEARS. WHAT IS SO DIFFERENT ABOUT THIS DOWNTURN IS JUST HOW RAPIDLY IT CAME AND THE EXTENT TO WHICH IT CAME TO SUCH A QUICK HALT. IN THE PAST YOU COULD SEE A SLOWDOWN OCCURING AND IT WAS MORE PREDICTABLE. THIS TIME THE BOTTOM JUST DROPPED OUT.
IN THE SAME TIME, REAL ESTATE AUCTIONS ARE BOOMING. (NAA Stats.).
PLEASE VISIT WWW.AUCTION-GENERATION.COM FOR A VIDEO AUCTION OVERVIEW.
Troy Fowler Lic. Real Estate Broker & Lic. Real Estate Auctioneer (#AU3595, #AB2717, AARE, CES)
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